U.S. - India FTA Aff.docx - US-India FTA AFF by Joey Silva...

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US-India FTA AFF, by Joey Silva 1 of 7 US-India Free Trade Agreement AFF Significance 1. India has a huge demand for FTA (Free Trade Agreement) 2. Trillion $$ Economy Expanding at 9% 3. 9% Growth = “Great Retail Demand” 4. Investing in Skyrocketing Economy = Access to Market of 1.1 Billion 5. Indian Growth Maintains Global Economic Demand 6. Indian Growth Combats Global Economic Slowdown 7. Indian Economic Growth good for World Economy 8. Vast Opportunities 9. Nothing to Fear from Indian Growth 10. Former Secretary of Treasure: Concerns Overstated Inherency 11. Significant Barriers to Free Trade in the Indian Market 12. Barriers Impede US Exporters 13. A Number of Trade Issues Remain Solvency/Advantages 14. Free Trade Only way to Benefit from Economic Growth 15. Trade Liberalization = Growth 16. Increased trade with India = a “win-win-win” 17. Strong Indo-US Relationship strategically, politically, economically important 18. US-India Trade will make both richer; increase jobs, productivity 19. Economists Support Free Trade 20. Free Trade Benefits Everyone 21. India’s People are Benefiting from Trade Expansion 22. Free Trade Reforms Pivotal in Solving Poverty
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2 of 7 Significance 1. India has a huge demand for FTA (Free Trade Agreement) Globe and Mail (Canada) “Ottawa pitching trade deal to India; Agreement would create huge market for service industry” March 12, 2007 [Accessed via LexisNexis] India, the world's second-most-populous country, has a 200-million strong middle class with a rapacious demand for goods and services - a market the Canadian Chamber of Commerce says will be worth an estimated $400-billion (U.S.) by 2010. It also needs engineers to help upgrade $420-billion of infrastructure over 10 years. 2. Trillion $$ Economy Expanding at 9% The Straits Times (Singapore) “New Delhi set to free up economy further” August 28, 2008 [Accessed via LexisNexis] India's trillion-dollar economy has been expanding at an average of 9 per cent in recent years. Along with that, the push for liberalisation is much easier now that the communist parties are no longer in the way after they pulled out of the coalition government over its nuclear deal with the United States. 3. 9% Growth = “Great Retail Demand” The Straits Times (Singapore) quoting Indian Commerce and Industries Minister Kamal Nath, “New Delhi set to free up economy further” August 28, 2008 [Accessed via LexisNexis] 'The confidence to move forward has been built up. We must acknowledge that growth of close to 9 per cent leads to a very great retail demand. The incremental demand has to be met from somewhere,' the minister added. 4. Investing in Skyrocketing Economy = Access to Market of 1.1 Billion The Straits Times (Singapore) “New Delhi set to free up economy further” August 28, 2008 [Accessed via LexisNexis] Opening up more and more sectors of the economy to private investors and foreign players could see a surge of investments into the market of 1.1 billion people. The government says it has seen a doubling of foreign direct investments (FDI) in the first half of the year while investments, specifically manufacturing, have almost quadrupled.
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